Weekly FX futures positioning data from the CFTC:
- EUR short 48K vs 61K short last week. Shorts trimmed by 13K
- GBP long 31K vs 17K long last week. Longs increased by 14K
- JPY short 31K vs 12K short last week. Shorts increased by 19k
- CHF flat vs short 4K short last week. Shorts trimmed by 4K
- AUD short 20k vs 27K short last week. Shorts trimmed by 7K
- NZD short 0.3K vs 1K short last week. Shorts trimmed by 0.7K
- CAD long 33k vs 26K long last week. Longs increased by 7K
The trend in the past month in GBP/USD hasn't exactly reinforced the quick shift to the largest net long since April 2018.
Overall USD bets are at the lowest since June 2018.
